Business News Colombia

  • URENA, Venezuela/ CUCUTA, Colombia, Feb 23- Troops loyal to President Nicolas Maduro turned back foreign aid convoys from Venezuela's border using teargas and rubber rounds on Saturday, killing two protesters and putting his socialist government on a collision course with Washington. Trucks laden with U.S. food and medicine for Venezuela returned to...

  • CUCUTA, Colombia/ URENA, Venezuela, Feb 23- At least two people were killed and trucks loaded with foreign aid were set ablaze after Venezuelan President Nicolas Maduro deployed troops and armored vehicles to turn back humanitarian assistance at border crossings with Colombia and Brazil. Maduro said he was breaking diplomatic relations with Colombia and...

  • VENEZUELAN TROOPS FIRE TEAR GAS TO DISPERSE PEOPLE SEEKING TO CROSS BORDER WITH COLOMBIA: REUTERS WITNESS.

  • BOGOTA, Feb 22- Colombia's economy will grow faster this year than in 2018, though less than the government expects because of a slow recovery in the manufacturing sector and imbalances in external accounts, a Reuters poll showed on Friday. The government will reveal economic growth data for last year on Feb. 28. "Private consumption likely will be the main driver...

  • BOGOTA- Bank of Colombia holds meeting of board of directors. TUESDAY, FEBRUARY 26 MANAMA- Bahrain Finance Minister Shaikh Salman bin Khalifa Al Khalifa, Bahrain Central Bank Governor Rasheed Mohammed Al Maraj, senior bankers and CEOs of major corporates and banks, will participate at the Euromoney GCC Financial Forum 2019. BUDAPEST- The National Bank of...

  • CARACAS, Feb 21- Venezuela President Nicolas Maduro threatened to close the border with Colombia on Thursday as opposition leader Juan Guaido and some 80 lawmakers ran a gauntlet of roadblocks trying to get to the frontier to receive humanitarian aid. Maduro denies there is a humanitarian crisis and said on Thursday he was considering closing Venezuela's...

  • LONDON, Feb 21- A humanitarian crisis in Venezuela is accelerating the re-emergence of malaria, Chagas disease, dengue, Zika and other dangerous infectious diseases and threatens to jeopardise 20 years of public health gains, experts warned on Thursday. "As well as the return of measles and other vaccine-preventable infectious diseases, the continued upsurge...

  • Feb 21- Most Latin American currencies softened on Thursday against a resurgent dollar, with Brazil's real leading the losses as caution about the progress of the government's pension reform proposal weighed, while commodity-linked currencies such as the pesos of Chile and Colombia slipped. Alessandro Faganello, a currency trader with Advanced Corretora...

  • BOGOTA, Feb 21- Colombia hopes to increase its oil reserves by 1 billion barrels by auctioning 20 possible production areas as part of its push to bolster the oil sector, the government said on Thursday. Colombia last had an auction in 2014. Colombia has proven reserves of 1.7 billion barrels, equivalent to 5.7 years of consumption, with average production of...

  • CARACAS, Feb 21- Venezuelan opposition leader Juan Guaido left Caracas with some 80 lawmakers on Thursday on a 800- km trip to the Colombian border where they hope to receive food and medicine to alleviate shortages in defiance of President Nicolas Maduro. "Through this call for humanitarian aid, the population will benefit from the arrival of these goods to the...

  • Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, reacts during a meeting with volunteers to coordinate humanitarian aid in Caracas, Venezuela February 16, 2019.

    Venezuela's opposition lawmakers are forging ahead with plans to confront a government blockade that has kept tens of millions of dollars in humanitarian aid, mostly supplied by the U.S., from flowing into the country.

  • CARACAS, Feb 21- Venezuelan opposition leader Juan Guaido plans to head to the Colombian border in a convoy of vehicles on Thursday to receive humanitarian aid for his crisis-stricken nation, despite the objection of increasingly isolated President Nicolas Maduro. "Through this call for humanitarian aid, the population will benefit from the arrival of these...

  • BOGOTA, Feb 20- Colombia's coffee federation called urgently on Wednesday for the government to make structural changes to help coffee farmers in the face of low international prices. Prices have hovered close to $1 per pound on the New York market so far in 2019, leaving farmers struggling to pay debts and afford fertilizer and new trees.

  • Vice President Delcy Rodriguez said Venezuela's relations with the islands of Aruba, Curacao and Bonaire were under revision and the border closure would be in place for an "undefined period of time." "The fact that Curacao has decided to join this show, whose only aim is the takeover of Venezuela, means Venezuela has not only closed our border but also is revising...

  • WEDNESDAY, FEBRUARY 20 JOHANNESBURG, South Africa- South Africa Finance Minister Tito Mboweni to present 2019 budget to parliament- 1200 GMT KINGSTON- Bank of Jamaica holds interest rate announcement and monetary policy report. JAKARTA- Indonesia Central Bank holds board of governors' meeting. SYDNEY- Appearance by Philip Lowe, Reserve Bank of Australia...

  • WASHINGTON/ MUNICH, Feb 15- The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border. Separately, the U.S. State Department said on Friday it was working with the...

  • BOGOTA, Feb 15- Colombia's economic outlook is positive this year, thanks to controlled inflation, low interest rates and growth recovery, central bank chief Juan Jose Echavarria said on Friday, but the country will face fiscal risks in coming years. During the bank's quarterly inflation presentation, Echavarria said the technical team has slightly reduced...

  • WASHINGTON/ MUNICH, Feb 15- The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border. The steps are part of a wider effort by the United States to undermine Maduro, whose...

  • LONDON, Feb 15- The world economy is caught in a "delicate equilibrium" between stabilization and a further downturn, according to Bank of England Governor Mark Carney, and that balance could look even shakier over the next few days. Early measures of factory activity from Asia, Europe and the United States which typically give signals of momentum in the overall...

  • BEIJING, Feb 15- London copper prices slipped on Friday after China's factory-gate price growth missed expectations and as investors awaited the outcome of Sino-U.S. trade talks in Beijing. China's producer price inflation slowed for a seventh straight month in January to its weakest pace since September 2016, raising concerns the world's top copper...